Visual Studies Workshop Inc

Analysis

Visual Studies Workshop Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Visual Studies Workshop Inc reported income of $430k and spending of $482k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $407k to $430k (+5.7%), an average of +1.4% a year. The sharpest change came in the year to June 2021, when income rose by 71%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Visual Studies Workshop Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Childrens Cancer Fund ($430k), Unseen Hand Medicine From Antiquity ($430k) and Vermont Assembly of Home Health and Hospice Agencies Inc ($430k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $20k (4.1% of expenses). Other salaries and wages came to $142k. At year end it held assets of $1.4m against liabilities of $92k, net assets of $1.4m. It reported 6 employees.